IRA Cost Basis

Forum|Forum|5 months ago
February 10, 2026
2 replies
257 views

I entered all my data into Turbo Tax Premier including my cost basis for my IRAs. I am just reviewing my data but cannot find it in Turbo Tax. I just want to review all the data is correct. When in the tool, what do I click on to find the cost basis for IRA that I entered? Thank you.

Best answer by user17708643219

This should be in the Wage and Income section under the Retirement plans and Social Security section. Revisit this section and go through the interview questions until you reach the screen where it asks for your cost basis amount.

This could also be under the deductions and credits section under the Retirement and Investments section. You will also want to revisit this section and go through the interview questions until you see the screen where it asks for your cost basis amount.

user17708643219Answer

Level 6

user17702362407Author

Level 2

I went thru the entire process again, screen by screen but never saw the line for cost basis. I know I entered it originally - now I'm just trying to review everything I entered for accuracy. Any thoughts? I'm using TT Premier on a Windows laptop.

Mike9241

Level 15

For traditional IRAs, the amount should also appear on Form 8606. With online, you can't see the form without paying the fees.

Mike9241

ThomasM125

Level 15

You would have to look on Form 8606, part I to see your non-deductible IRA contributions and basis. You can only see that form when working online with TurboTax when you print out your forms after your pay for your program. If you are using the desktop version of TurboTax, use the Forms menu option and you should see the form in the list provided.

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